Alpaca Secures $52M in Series C Funding

Alpaca has concluded a successful $52 million Series C funding round, solidifying its position in the financial sector. Key investors include Derayah Financial and 850 Management, reflecting high investor confidence in Alpaca’s trajectory.

Yoshi Yokokawa, Alpaca’s CEO, highlighted the focus on expanding access to financial tools worldwide. The capital raised will facilitate growth into the US, Middle East, and Asia, with plans to refine API products further.

Alpaca’s collaboration with Kraken broadens accessibility for users, bridging traditional finance with cryptocurrency. With over 5 million brokerage accounts active, Alpaca’s technological empowerment bolsters its competitive edge.

“We have always been focused on enabling access and opportunity for everyone on the planet. This new chapter allows us to expand our efforts globally, supporting our partners and customers with the tools and infrastructure they need to thrive in modern financial markets. This funding round is a testament to the hard work and dedication of our team and the strong partnerships we have built. We are excited to embark on this next phase of growth and deliver even more value to our customers globally.” – Yoshi Yokokawa, Co-Founder & CEO, Alpaca

The funding will drive Alpaca’s ambitions for 24/5 trading and securities lending enhancements, indicating potential shifts in financial service offerings. These initiatives aim to support expanding financial markets and democratize access.

Insights suggest Alpaca’s progress can maintain stable market impacts, especially in DeFi collaborations. The funds raise the potential for advancements but have no immediate sway on key crypto assets like BTC or ETH.

Alpaca’s strategic alignment with global financial trends underscores its emphasis on regulatory compliance, leveraging its DTCC self-clearing status. Historical data shows increasing fintech collaborations post-funding, reflecting a promising outlook for expansion.